Last year a dollar was equal to 7 Swedish kronor, and a Polish zloty was equal to $0.39. Today, the dollar is equal to 8 Swedish kronor, and a Polish zloty is equal to \$0.43. By what percentage did the cross exchange rate of the Polish zloty in Swedish kronor (i.e., the number of kronor that can be purchased with one zloty) change over the last year? Do not round intermediate calculations. Round your answer to two decimal places. Enter your answer as a positive value. The cross exchange rate of zloty in kronor has Diamond Bank expects that the Singapore dollar will depreciate against the U.S. dollar from its spot rate of $0.42 to $0.41 in 55 days. The following interbank lending and borrowing rates exist: Diamond Bank considers borrowing 8 million Singapore dollars in the interbank market and investing the funds in U.S. dollars for 55 days. Estimate the profits (or losses) that could be earned from this strategy. Should Diamond Bank pursue this strategy? Assume 360 days in year for your calculations. Do not round intermediate calculations. Round your answer to the nearest Singapore dollar. Enter your answer as a positive value. This strategy results in a of 5% Therefore, Diamond Bank pursue this strategy. Last year a dollar was equal to 7 Swedish kronor, and a Polish zloty was equal to $0.39. Today, the dollar is equal to 8 Swedish kronor, and a Polish zloty is equal to \$0.43. By what percentage did the cross exchange rate of the Polish zloty in Swedish kronor (i.e., the number of kronor that can be purchased with one zloty) change over the last year? Do not round intermediate calculations. Round your answer to two decimal places. Enter your answer as a positive value. The cross exchange rate of zloty in kronor has Diamond Bank expects that the Singapore dollar will depreciate against the U.S. dollar from its spot rate of $0.42 to $0.41 in 55 days. The following interbank lending and borrowing rates exist: Diamond Bank considers borrowing 8 million Singapore dollars in the interbank market and investing the funds in U.S. dollars for 55 days. Estimate the profits (or losses) that could be earned from this strategy. Should Diamond Bank pursue this strategy? Assume 360 days in year for your calculations. Do not round intermediate calculations. Round your answer to the nearest Singapore dollar. Enter your answer as a positive value. This strategy results in a of 5% Therefore, Diamond Bank pursue this strategy